Ericsson to shed 1,600 jobs in SwedenTelecoms equipment giant Ericsson is set to reduce its workforce by 1,600 employees in Sweden. This move is part of broader global efforts ...
15 Jan, 2026, 02.55 PM IST
Recession-like carnage in US: 1.1 million workers laid off this year in one of the biggest job purges yetThe U.S. is seeing very high layoffs in 2025 as companies cut workers more often and in smaller waves. Experts say many businesses are usin...
10 Dec, 2025, 06.43 PM IST
1.2 million Americans laid off in 2025 as job cuts hit highest level since the COVID-19 pandemic — Is AI now a major factor in U.S. job cuts?US layoffs 2025: More than 1.17 million Americans lost their jobs in 2025. Cuts surged 54% from last year. November alone saw 71,321 layoff...
05 Dec, 2025, 10.12 PM IST
Layoff tsunami hits US as 71,000 jobs slashed in November: 2025 becomes first 1.1 million+ cut year since PandemicUS layoffs surged again in November, with employers announcing 71,321 job cuts, according to new data from Challenger, Gray & Christmas. Th...
04 Dec, 2025, 10.17 PM IST
Verizon ex-CEO’s heartfelt letter to 13,000 laid-off employees: 'Hold your head high, no one can take away...'Verizon layoffs: At a time when telecommunications giant Verizon has announced it plans to lay off 13,000 employees, an open letter by the ...
26 Nov, 2025, 12.12 PM IST
Verizon layoffs: Another major US company planning to sack staff? Here's what reports sayVerizon layoffs 2025: Verizon is reportedly preparing for significant staff cuts and retail store closures as part of a broad restructuring...
11 Nov, 2025, 08.23 PM IST
Is it AI or Trump's policies? US sees brutal 140% layoff spike in July, worst surge since early COVID chaosUS layoffs July 2025: The United States is experiencing a surge in layoffs, with a 140% increase in July compared to last year. This spike ...
15 Aug, 2025, 02.31 AM IST
BFSI is clearly showing an upswing: CP Gurnani, Tech MahindraThe definitive part is that the count down for me because I informed the stock exchanges in last May that I am stepping down in December 23...
03 Mar, 2023, 02.26 PM IST
Ticketing service provider Eventbrite to lay off 8% of workforce, relocate roles to India, SpainEventbrite joined a growing list of tech firms that have resorted to mass layoffs amid global economic downturn and recessionary fears. Eve...
01 Mar, 2023, 01.27 PM IST
Telecom industry aiming to hire staff laid off by Big Tech firmsCompanies like Meta, Amazon, Twitter, Microsoft and Stripe among many others have laid off employees and rationalised their employee base. ...
08 Dec, 2022, 04.54 PM IST
Domestic opportunity can help IT companies tide over job losses: AssochamAn increased focus on the domestic front will be a "win-win" for both the country as well as the IT industry, it said, calling for a high l...
17 May, 2017, 03.18 PM IST
- Planned job cuts by US firms in Jan rise to five-month high
The US employers began year 2010 by announcing 71,482 planned job cuts, the highest job-cut tally in five months, a report by global outpla...
04 Feb, 2010, 11.27 AM IST
Satyam staff still worried over layoffsCorporate India might be cheering the speed at which Satyam Computer is being put "on the road to recovery", but the IT giant's 50,000 empl...
18 Apr, 2009, 02.05 AM IST
- Lay-off watch: At least one job ticked off every 10 second
Financial crisis cost over 30,000 jobs in the first week of December, the number nearly trebled to touch about 85,000 in the following 7 da...
14 Dec, 2008, 11.16 AM IST
- US employers announce a combined 20,000 jobs cuts
A round of more than 15,000 layoffs announced by AT&T Inc, DuPont and Viacom Inc suggests a yearlong wave of US job cuts is accelerating, j...
05 Dec, 2008, 09.18 AM IST
- GlobalLogic lays off 125 on ‘poor grading’
In another hit to the IT sector, GlobalLogic - one of the largest outsourced product development companies in India - has laid off some 125...
11 Nov, 2008, 04.25 AM IST
- Global Logic shows the door to 125 employees
In another hit to the IT sector, GlobalLogic, one of the largest outsourced product development companies in India, has laid off about 125 ...
11 Nov, 2008, 02.10 AM IST